FunderPro opens the new year with a brand-new Funded Account Challenge Type: a one-phase with several add-ons that promises customization fit to every trader and strategy.
Another Community-Driven Initiative
Just like the Swing Challenge, this new account type has been requested by FunderPro’s trader community and has been implemented to cater to a wider audience and meet the needs of traders worldwide.
FunderPro Single-Phase Challenges
FunderPro’s Single Phase Accounts are 1-phase FAC (Funded Account Challenge) that come with three add-on options to customize the challenge:
- 90/10 profit split with add-on
- Swing Option
- First reward in 7 days option
The tables below show the details of the FunderPro Single Phase Challenge.
Cost of the One Phase Funded Account Challenge
| Challenge Fee* | Account Size |
|---|---|
| $249 | $25,000 |
| $349 | $50,000 |
| $549 | $100,000 |
| $819 | $150,000 |
| $1,099 | $200,000 |
*Once the trader receives a Funded Account, the Challenge Fee will be credited to you in full within 7 days of your first reward.
Rules of the FunderPro One-Phase Challenges
| Swing Account | Phase 1 | Funded Account |
|---|---|---|
| Max Daily Drawdown | 4% | 5% |
| Max Overall Drawdown | 7% | 10% |
| Profit Target | 14% | n/a |
| Time Limit | Unlimited Time | n/a |
| Minimum Trading Days** | – | n/a |
| Consistency Rule | Yes | No |
| News Holding | No | No |
| News Trading | No | No |
| Weekend holding | No | No |
*With add-on.
Leverages on FunderPro Single Phase Challenges
| Asset Class | Default Leverage |
|---|---|
| Forex | 50 |
| Metals, Oil, Indices | 10 |
| Crypto | 2 |
For those ready to start their FunderPro One-Phase Challenge, they are available from the purchase page or from your dashboard.